INNOVATION IN INTERNATIONAL GOVERNANCE

Carina Stegaroiu and Stegaroiu Valentin ()
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Carina Stegaroiu: „CONSTANTIN BRANCUSI” UNIVERSITY, TARGU JIU, ROMANIA

Annals - Economy Series, 2014, vol. 3, 188-190

Abstract: Political globalization can be broadly defined as a phenomenon of global expansion and uniformisation of ideas, values, norms, types of institutions and political practices – e.g. check and balance, a set of universal human rights, the legitimacy of humanitarian interventions etc. – and also, as an instance of perceiving such problems as global and thus requiring global insti tutions and procedures to regulate the above mentioned. Following the acceleration of interdependence processes at a global scale, the term of global governance is used in correlation with the instruments used in organizing human societies at a global level. A particular type of institution, specific to global governance is the G8 summit. The G8 has become a key player in developing global governance, with an increasing agenda and role in to – creation of network of statal and non-statal partners. The new reality of different countries and regions in the world in a changing economic and demographic balance requires new measures of involving players on the international scene and new ways of taking action, which are different than those of the industrially de veloped Western countries.

Keywords: globalization; global governance; G8; EU (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:cbu:jrnlec:y:2014:v:3:p:188-190

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